The Automotive Seating Market is anticipated to be worth US$ 71.48 billion in 2024. The automobile seats market is expected to grow at a slow CAGR of 3.7% between 2024 and 2034. The global market is expected to reach US$ 102.8 billion by 2034.
The Automotive Seating Market is witnessing robust growth driven by several factors, including increasing vehicle production, rising demand for comfort and luxury features, and advancements in seating technology. Automotive seating plays a crucial role in providing comfort, ergonomics, and safety for vehicle occupants, thereby enhancing the overall driving experience.
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One of the primary drivers of this market is the growing vehicle production worldwide. As the automotive industry continues to expand, driven by factors such as economic growth, urbanization, and increasing consumer demand for mobility, there is a parallel increase in the demand for automotive seating. Vehicle manufacturers are scaling up production to meet the growing demand for passenger cars, commercial vehicles, and electric vehicles, thereby driving the demand for high-quality seating systems across various vehicle segments and applications.
Moreover, the rising demand for comfort and luxury features in vehicles is fueling innovation and investment in automotive seating technology. Consumers are increasingly seeking vehicles equipped with premium seating options that offer enhanced comfort, support, and adjustability. Automotive seating manufacturers are responding by developing seating solutions with features such as ergonomic designs, memory foam cushions, heating and cooling functions, massage capabilities, and adjustable lumbar support, catering to the diverse preferences and needs of consumers.
Furthermore, advancements in seating technology, including the use of lightweight materials, smart sensors, and advanced manufacturing processes, are driving innovation in the automotive seating market. Manufacturers are incorporating lightweight materials such as high-strength steel, aluminum alloys, and composite materials into seating structures to reduce weight, improve fuel efficiency, and maximize interior space. Additionally, the integration of smart sensors and electronic controls enables features such as occupant detection, weight sensing, and automatic adjustment of seating positions, enhancing safety, comfort, and convenience for vehicle occupants.
Key Takeaways
- Since bigger cars have doubled the proportion of SUVs, there has been a significant shift in customer preferences over the past few years. They come in a variety of seat configurations, such as bucket chairs and bench or bucket seats in the second row (may or may not be split). Due to technological advancements, full-size SUV seats are completely powered, heated, and ventilated and have the option of leather upholstery. As a result, the market for automotive seating is being driven by increasing SUV purchases.
- Governments all over the world have been seen to actively participate in and play a role in paving the way for foreign direct investments that support the automotive seating industry. The aforementioned factors will likely cause the global automotive seating market to expand in the future years.
- Customers’ propensity for opulent sitting systems has recently been noticed by Future Market Insights. Manufacturers are making an effort to develop luxurious goods while putting a strong emphasis on safety issues.
- The development of advanced driver assistance technologies is receiving more attention from the car industry, with the main goal being the creation and introduction of a completely automated driving experience. Consumer preference for mobility-on-demand services has risen noticeably, opening up profitable possibilities in the automotive seating market.
- The longevity of seats will be a crucial factor to take into account with a rising desire for care sharing. Nowadays, multiple commuters use the same vehicle at the same time, making privacy a crucial factor that is driving manufacturers to innovate and acquire compelling goods for end users.
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Competitive Landscape
The prominent market players are making continuous innovations and indulging in several mergers and acquisitions in order to curate convenient seating solutions for the end-users. They are possessing compelling products that efficiently abide by consumer preference for further increasing demand in the global automotive seating market.
Key companies proliferating in the automotive seating market are:
Fisher and Company, RECARO Automotive, Faurecia, Grammar Seating Systems, Johnson Controls, TM Automotive Seating Systems Private Limited, Lear Corporation, Tata Autocomp Systems Limited, Toyota Boshoku Corporation, Marter Automotive Seating Systems, TS Tech Corporation Ltd.
Key Segments In The Automotive Seating Market
By Seat Type:
- Split seat
- Bench seat
- Split Bench seat
By Vehicle Type:
- PCV (Passenger Commercial Vehicles)
- LCV (Light Commercial Vehicles)
- HCV (Heavy Commercial Vehicles)
By Distribution Channel:
- OEM
- Aftermarket
Author
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
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